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Lumentum Surges On Fiscal Q1 Beat, Stellar Revenue Guidance
Investors· 2025-11-05 22:28
BREAKING: Stocks Open Mixed As Amgen, McDonald's Prop Dow Lumentum Holdings (LITE) reported fiscal first quarter earnings and revenue that beat Wall Street targets amid a big run-up in 2025. Lumentum stock surged in early trading Wednesday as revenue guidance blew past expectations. While Lumentum still sells fiber-optic devices to telecom companies, its new growth engine has been internet giants and cloud computing service providers. They're deploying clusters of artificial intelligence computer servers i ...